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The Debt Trap

The Debt Trap
Author :
Publisher : NYU Press
Total Pages : 267
Release :
ISBN-10 : 9780853453765
ISBN-13 : 0853453764
Rating : 4/5 (764 Downloads)
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Book Synopsis The Debt Trap by : Cheryl Payer

Download or read book The Debt Trap written by Cheryl Payer and published by NYU Press. This book was released on 1975 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.


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The Debt Trap

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Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.
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Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-mar
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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many
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For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have